Welcome to CS Students' Online Club. Our MISSION: "To create a online network of budding governance professionals". Our VISION: "To be a leading network of governance professionals, providing scope for knowledge and career development".

CSoC Members Count:
38,252
Latest topics
» Past Question Papers of CS Executive / Professional / Foundation Exam Upto December 2016 Session
Wed 1 Feb 2017 - 0:11 by rchgiri

» Direct & Indirect Tax Laws Updates & Select Cases for CS Executive/Professional December 2016 Examination
Wed 11 Jan 2017 - 16:59 by rchgiri

» Financial Treasury and Forex Management>Past Questions of 60 marks>CS Professional
Thu 5 Jan 2017 - 9:45 by rchgiri

» CS EP NS P2 Cost & Management Accounting > MCQ
Sat 8 Oct 2016 - 17:57 by rchgiri

» CS Professional / Executive Programme Guideline Answers upto June 2016 Exam
Sun 28 Aug 2016 - 16:49 by rchgiri

» Tips on "How To Face An Interview & Career Planning"
Tue 23 Aug 2016 - 9:55 by rchgiri

» SEBI Act, Rules, Regulations, etc.
Mon 1 Aug 2016 - 14:48 by rchgiri

» CS Dinesh Chandra Arora, New Secretary of ICSI
Thu 21 Jul 2016 - 15:34 by Club CEO

» Online Learning of CS Executive coaching classes
Wed 11 May 2016 - 23:11 by raviesm

» Service tax Reverse Charge Mechanism.
Mon 15 Feb 2016 - 21:51 by siva004

» Service tax credit on step ladder repair
Mon 15 Feb 2016 - 21:37 by siva004

» CS Mamta Binani elected as New President of ICSI & CS Shyam Agarwal elected as New Vice-President of ICSI for 2015-16
Tue 19 Jan 2016 - 12:08 by Club CEO

» CS PP Old Syllabus: P4: CRI: Questions & Answers >> Correct or Incorrect:
Sun 13 Dec 2015 - 20:28 by rchgiri

» The Companies Act, 2013: The Rules made thereunder, Circulars & Notifications Issued by MCA
Sat 5 Dec 2015 - 12:42 by rchgiri

» New CSoC Face Portal
Thu 8 Oct 2015 - 9:01 by Club CEO

» CS Trainees / Jobs
Wed 23 Sep 2015 - 14:36 by rchgiri

» General Notice to Club Members & Well-Wishers
Tue 8 Sep 2015 - 15:36 by Club CEO

» online coaching for cs professional old syllabus
Sun 6 Sep 2015 - 13:41 by rchgiri

» Automatic Switchover To Professional (New Syllabus 2012) From December, 2016 Session
Thu 3 Sep 2015 - 15:49 by rchgiri

» Can anybody tell Main object clause for Manufacture of machinery of Polyurethanes industry.
Wed 2 Sep 2015 - 14:59 by parul5986

Top posters
rchgiri (1527)
 
Club CEO (1158)
 
praveen999 (691)
 
Soundharya (591)
 
mione (424)
 
lalitha.purohit (283)
 
j.padiya (277)
 
Preetpal Singh (219)
 
Aswathy (193)
 
SANJAY SHARMA (176)
 


You are not connected. Please login or register

View previous topic View next topic Go down  Message [Page 1 of 1]

rchgiri

avatar
CSoC King
CSoC King
Dear Friends,

Please find the following link

http://www.sebi.gov.in/cms/sebi_data/attachdocs/1341486383775.pdf

for "Reduction of Time-line for Transfer of Equity Shares to 15 days and the same time-line shall also be applicable for transfer of debt securities"

This is effective from 1st October 2012.

This amendment is relevant for CS Examination June 2013 onwards.

All amendments prior to 6 months from 26/12/2012 are applicable for December 2012 CS Examination

Securities and Exchange Board of India


CIRCULAR
CIR/MIRSD/8 /2012 July 05 , 2012

To
All Recognized Stock Exchanges
All SEBI registered Registrars to an Issue and Share Transfer Agents

Sir / Madam,

Sub: Reduction of Time-line for Transfer of Equity Shares and Prescription of
Time-line for Transfer of Debt Securities.

1. The listing agreement for equity shares prescribed under the Securities Contracts (Regulation) Act, 1956 inter alia specifies a period of one month for registering transfer of shares from the date of lodgment.

2. With a view to expedite the transfer process in the interest of the investors, it has been decided, in consultation with Registrars Association of India (RAIN), Stock Exchanges and market participants to reduce the time-line for registering the transfer of shares to 15 days. The same time-line shall also be applicable for transfer of debt securities.

3. Accordingly, all the recognized stock exchanges are directed

a. to amend Clauses 3 (c) and 12A(3) of the listing agreement for equity shares,

b. to amend Clauses 3(c) and 14(b) of the SME Equity listing agreement,

c. to incorporate the time-line of 15 days for transfer of debt securities
and the provision for compensation of the opportunity losses caused
during the period of delay in transfer, in the listing agreement for debt
securities, on the lines of the existing provisions in the listing
agreement for equity shares and SEBI Circular No. SMDRP/POLICY/CIR-46/2001 dated September 27, 2001,

d. to amend any other clauses as applicable in the above listing agreements.

4. All SEBI registered Registrars to an Issue and Share Transfer Agents are
directed to adhere to the above time-lines for transfer of shares and debt
securities.

5. In view of the above, the time-line for transfer of shares and / or provision for compensation for delay thereof, as referred to in SEBI Circulars No. RTI Circular Securities and Exchange Board of India


No.1(2000-2001) dated May 09, 2001, SMDRP/POLICY/CIR-46/2001 dated
September 27, 2001 and PMD/RRTI/NB/22463/2002 dated November 20, 2002
stand modified.

6. This circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities markets and shall come into force with effect from October 01, 2012.

7. This circular is available on SEBI website (www.sebi.gov.in) under the categories “Legal Framework” and “Circulars”.

Yours faithfully,

K. SARAVANAN
Deputy General Manager
Tel. No: 022-26449220
Email id: saravanank@sebi.gov.in



Last edited by rchgiri on Thu 4 Oct 2012 - 12:37; edited 2 times in total (Reason for editing : correction)

lalitha.purohit

avatar
CSoC Well-Wisher
CSoC Well-Wisher
nice share..appreciate ur wrk sir..keep sharing

Nishakejriwal


CSoC Smart User
CSoC Smart User
Thanks for updating us Sir,

Keep sharing

vipinbansal


CSoC Smart User
CSoC Smart User
thanks sir for updating

Soundharya


CSoC Master
CSoC Master
|Nice share !!

https://sounds-takeonit.blogspot.com

rchgiri

avatar
CSoC King
CSoC King
Thanks to all for participation.

rchgiri

avatar
CSoC King
CSoC King
This amendment is applicable w.e.f CS Examination June 2013 onwards.

Sponsored content


View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum